MULTI-FAMILY LOAN – $650,000

Loan Amount: $650,000
Property Type: Multi Family
Originator: Shawn Harris
Location: Fallbrook, CA

In this transaction we were able to facilitate the refinance of a small multi-family property in the tertiary market of Fallbrook, CA. We were able to allow for a modest amount of cash out.

LTV: 54%

Term: 10 Year Fixed Loan Amortized over 30 years

Rate: 5.65%

Prepay: 5,4,3,2,1

San Diego Commercial & Business Financing is proud to present the funding of this small multi-family property in Fallbrook. Property had substantial deferred maintenance. We were able to fund this loan by creating a maintenance plan approved by both the client and the lender. The transaction was funded by Sr. Vice President Shawn Harris.